EDA and Modelling

Real Estate - Housing

Exploring price distribution

The below plots indicate that there is positive skewness in price distribution for houses with 2 rooms, which clearly indicates that many houses are sold less than the average market price and centrain houses have extreme prices

Extreme vs Normal price distribution of 2 room houses for Melborne

Map Lat/Lng of different houses from Melborne

3 Maps, Extreme vs Normal house prices

Extreme vs Normal price distribution for 2 room houses in one of the Region in Melborne

Extreme vs Normal price distribution for 2 room houses in one of the Suburb in Melborne

Calculating new target label PriceReasoning using statistical methods

PriceReasoning

Lable the dataset Extreme or Normal price based on statistical analysis of price distribution.

number of rooms is positively corelated with the price

Models Evaluation

ROC - AUC

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